If you have a particularly nice set, you may wonder how much your silver flatware is worth. Entire sets are worth more than individual pieces, and new silverware still in the package is worth more than a set that has been used. If your silverware is monogrammed, it will be worth significantly less than a non-monogrammed set. The popularity of the pattern on your silverware will also affect the value. The availability of your silverware will greatly affect its value. If it has been discontinued it will be worth much more.